Y Intercept Hong Kong Ltd Sells 28,439 Shares of Knight-Swift Transportation Holdings Inc. $KNX

Y Intercept Hong Kong Ltd trimmed its position in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 30.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 65,209 shares of the transportation company’s stock after selling 28,439 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Knight-Swift Transportation were worth $2,884,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in KNX. Larson Financial Group LLC increased its stake in Knight-Swift Transportation by 9,383.3% during the first quarter. Larson Financial Group LLC now owns 569 shares of the transportation company’s stock valued at $25,000 after acquiring an additional 563 shares during the period. Brooklyn Investment Group increased its stake in Knight-Swift Transportation by 93.4% during the first quarter. Brooklyn Investment Group now owns 642 shares of the transportation company’s stock valued at $28,000 after acquiring an additional 310 shares during the period. Oliver Lagore Vanvalin Investment Group bought a new position in Knight-Swift Transportation during the second quarter valued at about $55,000. UMB Bank n.a. increased its stake in Knight-Swift Transportation by 43.3% during the second quarter. UMB Bank n.a. now owns 1,624 shares of the transportation company’s stock valued at $72,000 after acquiring an additional 491 shares during the period. Finally, IFP Advisors Inc increased its stake in Knight-Swift Transportation by 21.3% during the second quarter. IFP Advisors Inc now owns 2,162 shares of the transportation company’s stock valued at $96,000 after acquiring an additional 379 shares during the period. 88.77% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, EVP Michael K. Liu sold 3,420 shares of the stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $43.41, for a total transaction of $148,462.20. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 3.00% of the stock is currently owned by company insiders.

Knight-Swift Transportation Stock Down 2.2%

NYSE KNX opened at $43.51 on Friday. The firm has a market cap of $7.06 billion, a PE ratio of 49.45, a price-to-earnings-growth ratio of 0.89 and a beta of 1.14. Knight-Swift Transportation Holdings Inc. has a one year low of $36.69 and a one year high of $61.51. The stock’s 50 day simple moving average is $43.04 and its 200 day simple moving average is $43.26. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.33 and a quick ratio of 0.89.

Knight-Swift Transportation (NYSE:KNX) last released its quarterly earnings results on Wednesday, October 22nd. The transportation company reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.06). The business had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.91 billion. Knight-Swift Transportation had a return on equity of 2.98% and a net margin of 1.90%.The firm’s revenue was up 2.7% on a year-over-year basis. During the same quarter last year, the company earned $0.34 earnings per share. Knight-Swift Transportation has set its Q4 2025 guidance at 0.340-0.400 EPS. As a group, sell-side analysts forecast that Knight-Swift Transportation Holdings Inc. will post 2.13 earnings per share for the current fiscal year.

Knight-Swift Transportation Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 22nd. Investors of record on Friday, September 5th were given a dividend of $0.18 per share. The ex-dividend date was Friday, September 5th. This represents a $0.72 dividend on an annualized basis and a yield of 1.7%. Knight-Swift Transportation’s dividend payout ratio is 81.82%.

Wall Street Analyst Weigh In

KNX has been the topic of several research reports. Deutsche Bank Aktiengesellschaft upgraded Knight-Swift Transportation from a “hold” rating to a “buy” rating and boosted their price target for the company from $43.00 to $53.00 in a research note on Thursday, October 2nd. TD Cowen increased their target price on Knight-Swift Transportation from $44.00 to $53.00 and gave the stock a “buy” rating in a report on Thursday, October 23rd. Susquehanna dropped their target price on Knight-Swift Transportation from $43.00 to $42.00 and set a “neutral” rating for the company in a report on Thursday, October 23rd. UBS Group cut Knight-Swift Transportation from a “buy” rating to a “neutral” rating and increased their target price for the stock from $46.00 to $51.00 in a report on Friday, September 5th. Finally, Wells Fargo & Company dropped their target price on Knight-Swift Transportation from $50.00 to $48.00 and set an “overweight” rating for the company in a report on Monday, October 6th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $53.29.

Knight-Swift Transportation Company Profile

Knight-Swift Transportation Holdings Inc, together with its subsidiaries, provides freight transportation services in the United States and Mexico. The company operates through four segments: Truckload, Less-than-truckload (LTL), Logistics, and Intermodal. The Truckload segment provides transportation services, which include irregular route and dedicated, refrigerated, expedited, flatbed, and cross-border operations.